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    Toronto / North York / Henry Farm

    402 - 38 Forest Manor Rd

    For SaleThe Point at Emerald City Condos
    5.0
    $779,000
    2 Beds + 1
    2 Bath
    1 Parking
    873 SQFT
    4 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $653/mth
    Taxes:
    $3,362 (2024)
    Cost Per Sqft:
    $892/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Windows Floor to Ceiling
    27 x 11.52ft
    Dining
    Laminate, Combined with Living, Open Concept
    27 x 11.52ft
    Kitchen
    Built-in Appliances, Combined with Dining, Quartz Counter
    27 x 11.52ft

    About this Listing

    Luxurious Large Condo Unit In Prime North York Location! 2-Year New Building. 873 SF Plus 166 SF Big Balcony. 9-Foot Ceiling, Open-Concept Layout. Modern Kitchen Design With Quartz Countertops And B/I Appliances. Enjoy Floor-To-Ceiling Windows And Laminate Flooring Throughout. 2 Bedrooms + Den And 2 Full Bathrooms. Primary Bedroom Features Luxurious 4-piece Ensuite. Den is Big, Can Be Easily Converted To A Third Bedroom. Unbeatable Location. Minutes From Highways 401/404, And Steps From Don Mills Subway, TTC, Fairview Mall, Supermarkets, Schools,Community And Medical Centers, Parks, And Libraries. Great Amenities Include Gym, Indoor Pool, Party/Meeting Room, Concierge, And 24-Hour Security. A Must-See Gem!

    ExtrasS/S Fridge, Oven, Cooktop, Dishwasher, Microwave, Hood, Front Load Washer & Dryer, All Existed Lighting Fixtures, One parking.

    homelife new world realty inc.MLS® #C11923848

    Amenities

    Visitor Parking
    BBQs Allowed
    Gym Room
    Rec Room
    Guest Suites
    Security System

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    Unknown
    Transit
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    9,098
    Average Individual Income
    $56,893
    Average Household Size
    0 persons
    Average Age
    43
    Average Household Income
    $104,664
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    17%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    53%
    $30,000+
    26%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    1%
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    16%
    High Rise Apartment
    15%
    Duplex
    12%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Cantonese
    14%
    Mandarin
    11%
    Other
    10%
    Tamil
    6%
    Tagalog
    3%
    Urdu
    1%
    Gujarati
    1%
    Education
    High School
    29%
    University and Above
    27%
    None
    19%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    16%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Humanities
    3%
    Visual & Performing Arts
    2%
    Education
    1%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Point at Emerald City Condos vs The Henry Farm Area

    Building Trends At The Point at Emerald City Condos

    Days on Strata

    Units at The Point at Emerald City Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Henry Farm

    Turnover of Units

    On average, each unit is owned for
    4.7
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 24 condos in the Henry Farm area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    54
    Units were Rented over the past twelve months

    Best Value Rank

    The Point at Emerald City Condos offers the
    ?
    best value out of 24 condos in the Henry Farm neighbourhood

    Appreciation Rank

    The Point at Emerald City Condos has the
    ?
    highest ROI out of 24 condos in the Henry Farm neighbourhood

    Rental Yield

    The Point at Emerald City Condos yields the
    ?
    highest rent prices out of 24 condos in the Henry Farm neighbourhood

    High Demand

    The Point at Emerald City Condos is the
    ?
    most popular building out of 24 condos in the Henry Farm neighbourhood

    Transaction Insights at 38 Forest Manor Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$510,000 - $678,000$615,000 - $800,800No Data$838,000No Data
    Avg. Cost Per SqftNo Data$910$902No Data$1,043No Data
    Avg. Wait for Unit Availability60 Days31 Days47 Days143 Days209 Days141 Days
    Ratio of Units in Building15%43%30%8%3%4%

    Transactions vs Inventory

    Total number of units listed and sold in Henry Farm